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US consumer spending falls in May; inflation ticks up
Democrat Wyden presses Bessent to commit to US sanctions on Russia The top Senate Finance Committee Democrat pressed U.S. Treasury Secretary Scott Bessent on Friday to commit to enforcing Ukraine-related sanctions against Russia and to clarify comments about Russia rejoining an international bank payments network.
Fed Chair Jerome Powell defends the interest rate pause amid concerns about tariff-driven inflation. Here’s what this means ...
U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead ...
A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the ...
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US inflation edges up as Trump renews criticism of Fed chiefThe US Federal Reserve's preferred inflation measure logged a mild uptick Friday while spending weakened, triggering another ...
Prices rose 2.3 percent in May compared with a year ago, up from just 2.1 percent in April, the Commerce Department said.
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching ...
US stocks jump on trade deals, tame May inflation, and better consumer vibes. S&P 500, Nasdaq hit record highs despite the ...
U.S. stocks ran up to the edge of another record. The S&P 500 rose 0.8% Thursday and is just 0.05% below its all-time closing ...
U.S. business activity slowed marginally in June, though prices increased further amid President Donald Trump's aggressive ...
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